InvestorNewsBreaks – Kronos Advanced Technologies Inc. (KNOS) Forms New Medical Device Manufacturing Subsidiary

Kronos Advanced Technologies (OTC: KNOS), an innovation-driven product development and production company that has significantly changed the way air is moved, filtered and sterilized, has created a new business division: KronosMD Inc. The medical manufacturing division is charged with leveraging the company’s expert capabilities in precision healthcare manufacturing as well as pursuing manufacturing and technology acquisition opportunities with medical devices and precision medical components. According to the announcement, the new division aligns with KNOS’s 2022 strategy to continue growth and diversification and indicates the company’s commitment to the future. “The Kronos team has the expertise that is applicable beyond the markets in which the company currently operates,” said Kronos Advanced Technologies COO and chief transformation officer Joseph Florence in the press release. “This announcement formalizes the creation of KronosMD, a new division with a dedicated team to pursue medical device acquisitions and B2B manufacturing business opportunities. Medical devices are a market where we believe we can add immediate shareholder value by leveraging our scale and manufacturing capabilities to bring innovative, high-quality solutions to the market. Kronos’ capabilities in electronics manufacturing, and our related supply chain management expertise, can be leveraged to offer medical equipment OEMs domestic contract manufacturing solutions for products designed to improve the health and well-being of today’s focused consumers. Our management’s history of successfully implementing innovative techniques and lean manufacturing principles indicates a strong future for KronosMD and further serves to assure our ability to deliver value to our customers and shareholders.”

To view the full press release, visit https://ibn.fm/Ig1sk

About Kronos Advanced Technologies Inc.

Kronos Advanced Technologies was initially founded in 2002 and funded by the U.S. military to develop electrostatic air movers. Eventually, the company moved into the consumer air purification business. It began operations as a product-development company that invented and significantly changed the way air is moved, filtered and sterilized. Historically, Kronos has focused on developing, marketing and selling the company’s proprietary air movement and purification technology. Serving the Indoor Air Quality (“IAQ”) market, Kronos technology uses state-of-the-art high-voltage patented processes without the use of traditional porous HEPA filters. Kronos-based products move air silently, filtering, sterilizing and purifying the air while dramatically reducing energy consumption to one-half of a 60-watt light bulb. Kronos devices can be variable in shape or size and have the potential to be scaled down for air purification in cars or scaled up in size for industrial and hazardous gas destruction. The technology is currently being implemented in multiple standalone products for businesses, homes and vehicles of all types — to move, sterilize and filter air, including removing allergens down to 14.6 nanometers, passing through KNOS patented technology — replacing expensive outdated passive HEPA and other filtration type systems. There are broad ranges of additional markets for standalone and embedded Kronos CORE technology-based devices. Examples of immediately addressable markets include schools, universities, healthcare facilities, operating rooms, manufacturing clean rooms, and the cabins of automobiles and commercial aircraft. For more information, visit the company website at www.Kronosati.co.

NOTE TO INVESTORS: The latest news and updates relating to KNOS are available in the company’s newsroom at https://ibn.fm/KNOS

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